Defining rules for Account Entry Generation
Mindwell's financial accounting specialists takes you through the entire process of setting up or reconfiguring your accounting process.

We work together with our client's accounting team to define and specify accounting events for all asset classes and their different flavours. We provide accounting templates for a number of instruments as well as a structured project approach specifically for account entry generation and G/L integration.

The introduction of regulatory frameworks such as IAS 39/IFRS calls for increased functionality for mark-to-market/mark-to-model accounting as well as more complex accounting operations for hedge effectiveness calculations based on market risk measures. Mindwell provides the tools and knowledge to help clients comply with the regulatory bodies while maintaining a flexible and extendable accounting framework.

General Ledger Integration
Accounting entries generated by the a back-office platform or by a central business rule engine are posted to the General Ledger. We help you develop interfacing components with an wide range of features depending on the requirements of your specific General Ledger system, such as:
 

	Reversing / non-reversing account entries
	Multi-currency support
	Break-down of structured products into components based on currency, embedded optionality and hybrid features
	Message based interfacing protocols such as XML